Building 400 340 Falcon Ridge Pky
7,838 SF 100% Leased Office Building Mesquite, NV 89027 $1,799,000 ($229.52/SF) 6.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Mesquite location
- High visibility from Falcon Ridge Pkwy
- Proximity to amenities and services
- Directly across from Mesa View Regional Hospital
- Ideal for office or medical tenants
- Renovated in 2023
EXECUTIVE SUMMARY
Explore this prime 7,838 SF property, ideally suited for Office/Medical investors seeking a investment property in Mesquite, NV. Renovated in 2023, this building offers a strategic location directly across from Mesa View Regional Hospital, ensuring high visibility from Falcon Ridge Pkwy. Its proximity to amenities and services complements the appeal for professional tenants. With below-market rents presenting an opportunity to add value, savvy investors can take advantage of the 6.57% CAP rate on existing income.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,838 SF
Building Class
B
Year Built/Renovated
2005/2023
Price
$1,799,000
Price Per SF
$229.52
Cap Rate
6.57%
NOI
$118,153
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,838 SF
Building FAR
0.17
Lot Size
1.05 AC
Zoning
PUD, Mesquite
1 of 1
PROPERTY TAXES
| Parcel Number | 002-13-510-003 | Improvements Assessment | $285,014 |
| Land Assessment | $46,310 | Total Assessment | $331,324 |
